Godongwana

South African Finance Minister Reassures Nation: No Rogue VAT Hike Policy

2 months ago

In a recent development that has stirred discussions in South Africa, Finance Minister Enoch Godongwana has publicly denied allegations surrounding a purported unilateral decision to increase the Value-Added Tax (VAT). The minister addressed these claims during a press briefing, clarifying the government's stance on taxation and budgetary policies.

South Africa Faces $10.4 Billion Funding Gap: Finance Minister Godongwana's Challenge in Upcoming Budget

2 months ago

In an urgent and economically significant move, South Africa's Finance Minister, Enoch Godongwana, is gearing up to address a substantial funding gap of 10.4 billion dollars in the country’s budget. As the Minister prepares to present the national budget, there is heightened scrutiny regarding how the government will manage fiscal stability while also addressing pressing social and economic needs.

South African Finance Minister Presents Comprehensive Budget Update

6 months ago

In a significant development for the South African economy, Finance Minister Enoch Godongwana delivered a crucial budget update that outlines critical fiscal measures aimed at stabilizing the country’s financial landscape. This anticipated speech, held on October 30, 2024, comes at a pivotal moment as South Africa grapples with economic challenges, including persistent inflation and rising unemployment rates.